Wages in Switzerland increased to 6354 CHF/Month in 2020 from 6304 CHF/Month in 2019. source: Swiss Federal Statistical Office

Wages in Switzerland averaged 5810.57 CHF/Month from 1998 until 2020, reaching an all time high of 6354 CHF/Month in 2020 and a record low of 5082 CHF/Month in 1998. This page provides - Switzerland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Gross Monthly Wage in the Private Sector - values, historical data and charts - was last updated on October of 2021.

Wages in Switzerland is expected to reach 6405.00 CHF/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Gross Monthly Wage in the Private Sector is projected to trend around 6507.00 CHF/Month in 2022 and 6624.00 CHF/Month in 2023, according to our econometric models.

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Switzerland Gross Monthly Wage in the Private Sector

Switzerland Last Unit Reference Previous Highest Lowest
Employed Persons 5052.00 Thousand Jun/21 5054.00 5131.00 3242.00
Wages 6354.00 CHF/Month Dec/20 6304.00 6354.00 5082.00
Wages in Manufacturing 114.30 points Dec/20 112.90 114.30 100.00
Job Offers 85377.00 Jun/21 71048.00 86800.00 29043.00
Wage Growth -0.80 percent Jun/21 0.50 7.80 -0.80
Non Farm Payrolls 5126.00 Thousand Jun/21 5101.00 5159.00 3841.00

Switzerland Gross Monthly Wage in the Private Sector
In Switzerland, wages refer to the gross monthly salary in private sector, including employee social security contributions, benefits in kind, regularly paid bonuses, share of turnover or commissions plus hardship allowances for shift, night and Sunday work, 1/12 of 13th month salary and 1/12 of special annual payments. Family and child benefits are not included in the calculation.